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The $1.4 billion Dow Chemical Employees’ Credit Union of Midland, Mich., announced a record-breaking membership payout.
$1.4B Michigan credit union's year-end member return includes a 75% loan interest rebate, 75% dividend boost and debit card rebates.
CEFCU, Peoria, Ill., announced that a record extraordinary dividend of $9 million has been distributed to CEFCU members. The dividend was based on members’ savings and loan activity during, with $4.5 million going to borrowers and $4.5 million going to savers.
Billion-dollar credit unions add remote deposit capture to mobile banking offerings.
Michigan credit union notches its biggest payback to date.
More than a third of Dow Chemical Employees’ Credit Union’s membership signed up for mobile banking in the first two months since it launched this summer, the $1.4 billion Michigan credit union said.
Michigan credit union says a third of its membership signed on in the first two months.